Bhagyanagar India to raise funds through preferential issue

Bhagyanagar India Ltd has announced that the Board of Directors of the Company at its meeting held on October 27, 2006, inter alia, has considered various options for raising funds through QIP's / Preferential Issue / Equity Warrants convertible into Equity Shares / Securities Convertible into Equity Shares and decided that it requires further evaluation.

Source : Equity Bulls

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